Nigeria to pay $496 million to settle claims over steel plants
Mining News Pro - Nigeria has agreed to pay $496 million to settle a multi-billion dollar claim from Global Steel Holdings Ltd following the termination of a contract to upgrade the country’s steel plants, the presidency said on Saturday.
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Liberty House Enters into a Deal with Arcelor Mittal to Buy its Four Steel Plants in Europe
Mining News Pro - As per the latest reports, steel and mining major ArcelorMittal on Friday said it has entered into a pact to with British-owned metal producer Liberty house to sell four of its European steel plants.
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Indian Steel Majors Gear up to Set up Steel Plants in Odisha after Approvals from the State Government
Mining News Pro - Mineral-rich Odisha is aspiring to become a manufacturing hub in India with downstream metal industries and is likely to have an incremental steel capacity of 56 MnT per annum (MTPA) in the next few years, taking its overall production level to more than 100 MTPA by 2030.
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